The Straits Times : Weekly Overseas Edition, 18 April 1998

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times Weekly Edition Saturday April 18,1998 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/97
    20 words
  • 486 1  -  New Bill proposed to tackle legal loopholes when selling through electronic commerce *L EDMUND TEE DOING business electronically now means no face-to-face contact, but a Bill being proposed aims to ensure that transactions will be between people who can be identified and held responsible for their actions.
    486 words
  • 102 1 Give power to agencies to issue legally recognised electronic signatures. Provide for electronic verification of signatures. Put electronic signatures and records on par legally with written signatures and records. Spell out rights and obligations of electronic service providers. Define electronic contracts and put them
    102 words
  • 66 1 These 14-year-olds at Chinese High turned in good projects and did well consistently in their tests, so they need not take final examinations. Schools are on their way to produce students who are creative and independent thinkers, including Raffles Girls’ Secondary', which will post its lesson notes free
    DEMSF.TAN  -  66 words
  • Page 1 Advertisements
    • 96 1 PIK A T E O F SI M 1,1 M SQU A K E Slapped with court order Gan Meng Hai (seated) getting a court order to stop selling pirated software. Despite several raids, syndicates hold rein at Sim Lim Square and make it a hotbed of software piracy. page
      96 words

  • PRIME NEWS
    • 548 2 Kevin K.W. Lee faces 18 graft and fraud charges involving $l2 million for allegedly offering bribes to an ex-GIC official A FORMER managing director of a private investment firm in Hongkong was charged on Wednesday by the Special Administrative Region's anti-corruption agency with offering
      548 words
    • 252 2  -  By GERALDINE YEO SOON, it will be death for traffickers caught with the increasingly popular drug Ice. The Government plans to amend the Misuse of Drugs Act to make the death penalty mandatory for those caught with a certain amount of Ice or methylamphetamine hydrochloride.
      252 words
    • 466 2  -  Btt KAO CHEN THE Father of China’s Atomic Bomb, the man who built the famous Wuhan Yangtze River bridge, and 40 other top scientists from China will arrive here tomorrow for this year’s Tan Kah Kee Prize award ceremony. Leading them is Tan Kah Kee Foundation
      466 words
    • 408 3  -  Students can attend the premier school’s virtual classroom or access its lesson notes for free Rrjiorts by SANDRA DAVIE FROM next year on, every student here can attend Singapore’s premier girls’ school, Raffles Girls’ Secondary (RGS) on the Internet. The school, which takes
      408 words
    • 358 3  -  By M. N IRMA LA THIRTY-SIX education officers were promoted into or moved up the superscale rungs this year, 2 Vi times the 14 so rewarded last year. They received their promotion letters from Education Minister Teo Chee Hean on Tuesday. Starting from superscale
      358 words
    • 279 3 THE Chinese High, one of Singapore’s top schools, exempts good students from taking examinations. Students there who turn in good projects and do well consistently in their continuous assessment tests need not take the final examinations. These projects can range from an invention they have
      279 words
    • 421 3  -  By ELENA CHONG THE High Court awarded former international model Hanis Saini Hussey $30,000 damages and costs in her defamation suit against the owner of a social escort agency who had used the model’s picture for a Yellow Pages advertisement two years ago. Justice Goh
      Tilt NEW PAPEH  -  421 words


  • HOME
    • 437 4  -  Reports; by DAVID MILLER and KOH BOON PIN IT IS not an in-flight service they care to advertise but many airlines now carry handcuffs and similar restraints on board to deal with the increasing number of passengers who misbehave. Some rowdy passengers defy the smoking
      437 words
    • 616 4  -  BULLY'S LOVER WHO JUMPED TO HER DEATH 10 YEARS AGO By SHARON VASOO THE family of Madam Tan Chah Boh, one of the lovers of convict Yeo Leong Hock who had bashed a woman to death, did not know until two weeks ago that
      616 words
    • 463 5  -  Copyright offenders return after raids because the money is good and ‘fall guys’ take the rap Hi JASBIR SINGH SIM Lim Square remains a hotbed of software piracy, and the biggest black mark marring Singapore’s good record in fighting copyright cheats. The Business Software
      STEVEN LEE  -  463 words
    • 206 5 ONE way to put software pirates out of business is for the prices of the original goods to be slashed, said two local economists contacted. One of them, Mr L.M. Chan, who works with an American bank here, said: "Look at how prices of computers tumbled dramatically
      206 words
    • 409 5 THE new Jurong island being reclaimed will come with a $220-million facility to treat industrial water and hazardous wastes, and provide all the industrial water the island needs. To be built by the end of next year, the plant will supply 150,000 cu m of
      409 words
    • 186 5 THE Singapore Indian Development Association (Sinda), the Indian community’s self-help group, will have a new chief executive officer next month. Mr S. Vivakanandan, 35, the deputy director of corporate services at Sentosa Development Corporation, will be the group’s first CEO not seconded from the Civil Service.
      186 words
    • 603 6  -  GOVERNMENT'S COLLABORATION WITH PRIVATE ARCHITECTS Sn. WALTER FERNANDEZ THREE new initiatives to step up the Government’s collaboration with private-sector architects and to tap their expertise further were announced by National Development Minister Lim Hng Kiang. The proportion of Design-and-Build Housing Board projects, which are flats designed
      VCHANCIAN  -  603 words
    • 390 6 FRESH law graduates are finding it tough to land jobs as law firms are not retaining their pupils as they used to. The problem is aggravated by the record number of young lawyers who will be called to the Bar this year.
      390 words
    • 290 6 COMPLAINTS against architects have gone up by 10 per cent in the last year, said outgoing Singapore Institute of Architects president Edw’ard D’Silva. And they are more serious now, he added. They are no longer about meeting contract deadlines, but about professional misconduct and poor handling
      290 words
    • 486 7  -  Are children getting out of hand in public places? Yes, they need to be tola off, said some adults B'l TANYA FONG CERTAIN public places seem to bring out the brat in some Singapore children. They feel they nave a licence to
      486 words
    • 287 7 A MAN in his 30s slapped a hoy in MPH bookstore in Stamford Road, because he was making too much noise. Mick Sebastian Soh, 8, a Primary 2 pupil at Ngee Ann Primary, was there with his younger sister and their maid when the man
      287 words
    • 354 8 All computer-based naval training systems will be run by the Institute of Maritime Warfare, to inject more realism COMBAT simulators, tactical trainers and all other com-puter-based systems used in naval training now come under one central body the Institute of Maritime Warfare (IMW) of the Republic
      354 words
    • 164 8 THE normally reserved President Ong Teng Cheong was an animated figure on Saturday night as he stood conducting the Singapore Symphony Orchestra. He was helping to raise funds for the SSO at a dinner concert for 600 held at the Ritz Carlton Millenia. He guided 50 members
      SAMI'EI.CHI'A  -  164 words
  • Page 4 Advertisements
    • 206 4 GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION The Master of Arts in Asia Pacific Studies taught in Singapore, made available to the region via internet... The only course of its kind in Singapore, the MA in Asia Pacific Studies is an internationally recognised Master's level programme from one
      206 words



  • Page 7 Advertisements
    • 178 7 Home Delivery weekly! A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executives appointments... and highlights on Malaysia and the Asean. A convenient tabloid airmailed to you wherever you may be. Yes! Every week. Subscribe now. And be at home with the ST
      178 words

  • Page 8 Miscellaneous
    • 1060 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
      1,060 words

  • SPORTS
    • 423 9  -  No national strikers get chance to play full game in opening ties S-LEAGUE SOCCER «1 S. MURALI S-LEAGUE chief executive officer Chris Chan proposed this week that the number of foreign players in the league be reduced to three in a couple of years’
      MUHAMMAD SIIAH  -  423 words
    • 350 9  -  BASKETBALL *L PETER SIOW IT WAS a historic occasion for the Basketball Association of Singapore (BAS) on Sunday when it launched itself into the world of professionalism. Four local players and two Chinese put their signatures on the dotted line at a signing ceremony at
      350 words
    • 387 9  -  YACHTING *L CHAN TSE CHUEEN ONE studies aeronautical engineering in France, and the other is an arts student across the channel in London. The scene is set for a doomed tale of long-distance romance. But actually, the sailing partnership of two-time Sportsboy of the
      387 words

  • MALAYSIA
    • 341 10 SUNGAI SIPUT The Works Ministry has proposed the building of a tunnel more than twice the length of Singapore, to channel water from Pahang to the Klang Valley to help solve the water shortage there. The Star newspaper reported on Sunday that the
      341 words
    • 334 10 MY CHILDREN ARE NOT FAVOURED, SAYS PM'S WIFE AFP, New Sunday Times. KUALA LUMPUR The wife of Malaysia’s Prime Minister Datuk Seri Dr Mahathir Mohamad has said that her children were treated unfairly and “victimised" in their businesses. In an interview published in The New Sunday Times,
      – AFP,; New Sunday Times.  -  334 words
    • 431 10  -  Crime has surged this year and police have been given two months to arrest the trend BRENDAN PEREIRA IN KUALA LUMPUR MAIJVYSIA’S crime rate for the first three months surged by 53 per cent, astounding even the police which had warned of a possible increase
      431 words

  • SOUTH-EAST ASIA
    • 50 11 Songkran, on April 13, marked the Thai New Year, which kicked off four days of festivities with religious ceremonies, while the tradition of sprinkling water for good luck has evolved into friendly water fights. The Thais revel in it, for it’s a great way to cool off! REUTERS
      REUTERS  -  50 words
    • 315 11  -  FOOD SHORTAGES MRMAL GHOSH PHILIPPINES CORRESPONDENT MANILA The Philippines has kickstarted a “food for work" relief effort as it became clear that a food shortage could threaten millions in the southern Philippines. The programme, started over the weekend, is modelled on Indonesia’s initiative in having
      315 words
    • 361 11  -  Report* by SUSAN SIM INDONESIA CORRESPONDENT JAKARTA President Suharto has authorised the military to use “repressive measures” to quell unruly student demonstrations, local newspapers reported yesterday, as the government finalised preparations for a seven-hour dialogue with student leaders today. He issued guidelines on how
      361 words
    • 392 11 Popular tourist resort acts to prevent infiltration by Mafia groups from Russia -AFP BANGKOK Officials in Thailand’s coastal resort city of Pattaya will set up a police centre to combat the growing activities of foreign or-ganised-crime syndicates. Pattaya officials said the centre would coordinate
      -AFP  -  392 words

  • COMMENTARY
    • 577 12 FRIDAY AgnH7^l99B ONCE a year, on April 15, Singaporeans discover that the title “citizen” has a suffix “taxpayer". This year, to ease the burden of that suffix, the Inland Revenue Authority of Singapore instituted new means for citizens to file their returns. “Electronic Filing A convenient and
      577 words
    • 586 12 THURSDAY April 16,1998 THE Environment Ministry’s scheme to grade eating establishments in terms of hygiene is an eminently healthy one. According to the programme, which comes into effect next month, they will have to display badges ranging from A for excellent to D for below average. That
      586 words
    • 706 12  -  Second Last Word Btt YEONG AH SENG THE Government is setting up the legislative framework to promote and regulate electronic commerce. This is a first for Singapore as few countries have moved as quickly to latch on to what is generally regarded as the
      ADAM LEE  -  706 words
    • 978 13  -  MY VIEW TAN 001 BOON THE message from the Chief Justice is clear. Warring parties should not be too trigger-happy about dragging one another to court but adopt more peaceful solutions in settling their disputes. The idea behind this is that, as far as
      ADAM LF.F.  -  978 words
    • 783 13  -  Brt KOH BUCK SONG SO, THE five Cs are not so hot after all, according to a Straits Times survey published last week. Cash was rated important by 97 per cent of the 559 respondents. But no more than seven per cent ranked a car,
      783 words


  • INSIGHT ST SURVEY ON IMPACT OF CRISIS ON SINGAPOREANS’ ASPIRATIONS
    • 937 14 Nine in 10 Singaporeans have expressed confidence in the economy note and in the next five years, according to a Straits Times survey last week. KOH BUCK SONG discusses the findings. ARE the nine in 10 Singaporeans who are confident of the economy
      LVDWIC 11.10  -  937 words
    • 579 14 SO THE five Cs received an emphatic thumbs down in the ST survey on the impact of the regional crisis on the Singapore Dream. No more than 7 per cent rate any C, other than cash, as important. But is this just a temporary
      579 words
    • 1116 15  -  THINKING ALOUD SONNY YAP WHO says Singapore is dull and sterile? If you have kept in touch with current developments, you would have come across the kind of stuff which would steam up a Jackie Collins potboiler. Everywhere you go, you hear horror stories
      1,116 words
    • 927 15  - Europe cares now to follow up THIS WEEK IN POLITICS K’l KOII BUCK SONG THERE was never any serious doubt that Europe would say it cares about Asia, at the second AsiaEurope Meeting (Ascm) in Ixrndon, which closed two weekends ago. In such a high-profile diplomatic setting, and after hearing
      927 words


  • MONEY
    • 377 16 WEAKENING regional currencies, doubts about the Japanese economy, and jitters about the financial health of Malaysian companies all these factors conspired to pressure local stocks lower. Although the benchmark Straits Times Industrials Index (STII) breezed past the 1,600 level on Monday, it
      377 words
    • 77 16 ST Industrials Index TIm Straits Timas Industrials Indax droppad 78.90 points on the waak to 1515.15. DAY CLOSE TURNOVER Monday 1586.91 7.14) 134.856 ($227.009m) Tuesday 1561.55 (-25.36) 133.526 (Sl66.771m) Wednesday 1543.94 (-17.61) 233.548 ($232.505m) Thursday 1515.15 (-28.79) 211.795 ($323.286m) Friday 1515.15 (unch) 179.387 ($303.231m) BT-M6A Index The
      77 words
    • 1869 16 Company Datt •no Nat earn TV LY <$m) (Sm) EPS TV LV (Ctl) (Ctl) ABR Mar 31 p S346L 0.296 12 L 0.70 Acma Mar 20 P ***** «9344 14.2 24.5 Acar Mar 13 P 23.662 32.481 14.3 19.6 Ac» Dynamic* Mar 25 P 0.677 7 342L 0
      1,869 words
    • 183 16 RIGHTS ISSUE e«Books ACC 6 Company Ratio date dose Paymt ST Capital One-for-one BSS0.40 Apr 15 Apr 22 NA DBS One-for-five (PSS6.00 Mar 30 Apr 3 Apr 28 DBS-Foreign Ono-for-fivo #S$8.S0 Mar 30 Apr 3 Apr 28 BONUS issue ElBooks Company Ratio date dose DBS Ono-for-ton Mar 30
      183 words
    • 1258 16 Payment Cl Books Pay dite close date Cnuen Hup 1 ITE Apr 29 Miy 6 May 20 ChuanSoon h 10c b 3 Jul 9 jm i6 Jul 28 CheungKong HkSOc F 246 Miy 5 May 20 May 29 Coko inv F 2 Jull Jul 8 Jul 17 CWT
      1,258 words
    • 25 16 Company M«Mt liauo Out Two-tor-flvo $2.75 PMI Thrao-lor-two 9 MS1.00 Company Bonin Hsu* riojtoch Ono-tor-rivo PMI Ono-for-tour Sup Motal Ono-fortwo Wont Want Ono-fof-ftvo
      25 words
    • 87 16 Company Data Tima innovost BhS C Concord# Hotoi, kl Ballroom, Lobby Lovol Jin Sultan Ismail Apr 30 10.00am Courts t 22 Pandan Rd (*****4) Apr 29 11.00am UIS A Ponthouso ol (JOB 80 Rotflos Plata 61st Story UOB Plaza *****624) Apr 25 12.00n Datacraft C Tho Rogont S'pora
      87 words
    • 128 16 Payment S*> Cl 4*0 If Pay data Atm* 50c r 15 Jul 2 Jul 9 Jul 22 AC MB r 4 Jun 15 Jun 22 Jul 9 Auric Pac 50e r Apr 14 Apr 21 MayS B6R 5c D 20 Jun 25 Jul 2 Jul 15 BAT 21c
      128 words
    • 414 17  - Too little too late Waiver of official KL approval for housing purchases above M $250,000 are not far-reaching enough, say property agents COLIN TAN muI YEOW PEI LIN SINGAPORE investors arc unlikely to rush back across the Causeway to take up Malaysia’s new offer to buy selected properties above M
      414 words
    • 377 17  -  ?!L JEAN CHIA MARCH was a lean month for stockbrokers, with trading volume on the Stock Exchange of Singapore (SES) almost halving to 7-1 billion shares from February’s record volume of 14.4 billion. The value of trades fell 38 per cent to $9.3 billion
      377 words
    • 142 17 COUNTER RATES Buying OD Selling Singapore dollars to one unit of foreign currency US dollar 1.5851 1.6190 Starling pound 2.6606 2.7517 Australian dollar 1.0238 1.0679 Canadian dollar 1.0980 1.1340 N2 dollar 0.8710 0.9109 EC unit 1.7873 Singapora dollars to 100 units ot foreign currency Austrian schilling 12.2644 12.9285 Belgian
      142 words
    • 108 17 Ceatract Bate: April 17. 1998 Unit One mth 3 mths 6 mths 9 mths 12 mths C«lf Value date us -....5 57, 57. 57. 57. 47, 21/4 AS .47. 47. 47. 47.. 47. 37. 21/4 NZS 8'/» 8V. 87.. 8 77. 77, 21/4 STC 6”/» 6'V. 6
      108 words
    • 754 17 Manager's prices: April 18,1998 Aberdeen Asset Hot Asls Ltd Aberdeen S'poreOr Fund 0.931-0.979** Aberdeen Select Portfolio (et NAV) Pedflc Equity Fund 0.970** Malaysian Equity Fund 1.048** Philippine Equity Fund 0.946** 0.873** AIB Govett (Asia) Ltd Govett Asia Pacific Growth Fd 0.873-0.917® Govett Global Brands Fd 1.093-1.148® American Inti
      754 words
    • 3882 18 Transaction date: April 17,1998 INDUSTRIAL COMMERCIAL 1998 Curr List High Low Company Tradad Salt ♦orVol '000 Day High Low Gr's Net M Cap Dlv P/E $mil Wt Avg Price 43 18.5 9 ACE Dynamics60c. 28 •1 586 29.5 28 0.3 35.0 22.9 30 ASE NT$10 200 US-
      3,882 words
    • 811 18 1998 High Low Company Curr Last TraOad Sola ♦Of Vol 000 Day High Low Gr't Dlv Nat P/E M Cap $mll Wt Avg Prica 134 92 a ABR Hidgs 5c 104 unch 14 104 100 46.3 105 243 76 e AS Auto 10c '83 -2 57 186 183 15.ON
      811 words
    • 1586 19 BONDS, LOANS WARRANTS Transaction date: April 17,1998 1998 High Low Company Last Salt ♦Of Vol 000 Oay High Low Lait Ouote Buyer Seller Wt Avg Price 23.5 9 m mAMDBcS.5%*****6 18 11 20.5 8 ♦Acer W*****1 US$ 12 ♦0.5 1 12 12 12 13.5 95 8.5 Acma W*****4 .....23 ♦0.5
      1,586 words
    • 1382 19 Transaction date: Apri! 17,1998 1998 High Low Company Curr Last Traded Sale Vol ♦or000 Day High Low Cross dlv Nat P/E M Cap Smli MALAYSIAN STOCKS (in S$) 135 28 ms AlSBSOc 75 ♦2.5 398 77 70 5.0 31.3 76.9 65.5 12.5 AMDS 50c 31.5 ♦1 681 33
      1,382 words
    • 486 20 PROPERTY giant Far East Organisation will reap a huge return of nearly 90 per cent on its $193 million sale of Eastpoint mall in Simei to NTUC I ncome. But NTUC Income said the price is still “a good discount" to valuations. Market watchers
      486 words
    • 362 20 The Asian crisis has highlighted Singapore’s strengths, but expect stiffer competition in future THE regional economic crisis may have given Singapore a breathing space of a few years, but as neighbouring economies recover, they will emerge as leaner and stronger competitors, Deputy Prime
      362 words
    • 213 20 ABR Holdings, the lossmaking ice-cream parlour operator, on Wednesday served up its new ingredients for success: a top-notch range of its famous Swensen’s ice cream, an expansion into the residential heartland and a make-over for its chain. The new range, dubbed the super premium
      213 words
    • 334 20  -  »!L TAN LI ENG CREDIT rating agency Standard and Poor’s (S&P) on Wednesday lowered public information ratings on four local banks and affirmed ratings on tw'o others, reflecting worries over Singapore’s economic outlook. Ratings on Big Four banks OCBC and United Overseas Bank were downgraded
      334 words





  • Page 21 Advertisements
    • 916 21 The Straits Times Weekly Edition 7m NATIONAL UNIVERSITY OF SINGAPORE DEPARTMENT OF OBSTETRICS AND GYNAECOLOGY Applications are invited for teaching appointments in the Department of Obstetrics and Gynaecology. Candidates should possess an approved basic medical degree with relevant postgraduate qualifications and teaching and research experience. Only candidates with good publications
      916 words

  • Page 22 Advertisements
    • 818 22 intraco Intraco a public-listed company with diversified businesses in Automobile, Commodities, Engineering Projects, Food Food Processing, Semiconductors, Telecommunications has immediate vacancies for: ACCOUNTANT (Based in Vladivostok, Russia) You will be stationed in Vladivostok office to prepare monthly financial and management accounts that comply with international accounting standards and corporate policies.
      818 words

  • FORUM
    • 520 23 MRS Sharon Wong from the Singapore Immigration and Registration department said that using advertisements was “not a practical solution" for keeping immigration offenders at bay. I would like to point out the following: The best part about writing a letter to a newspaper here
      520 words
    • 342 23 I THANK Mr Soh Kok Hong “Toronto first to have ERP", and Mr John Cheong Fook Onn for their comments on the Electronic Road Pricing (ERP) system. Mr Soh said Toronto had already implemented an electronic payment system last year. He is
      342 words
    • 304 23 IT IS true that a percentage of irresponsible labour contractors house their workers in ill-provided living quarters at construction sites. These do not have proper ventilation, water, sanitation or kitchen facilities. Yet others house them in old shophouses or kampung houses awaiting demolition, under cramped conditions,
      304 words
    • 187 23 WE DO see what we want to see, do we not? Columnist Sonny Yap (See Page 15) thinks London is a city where “sex pervades almost every aspect of life” and where he was, it seems, most taken aback by those phone booths with kinky sex
      187 words
    • 221 23 YOUR report “When noisy kids ruin calm in public places" (See Page 7) and recent articles about gangsterism in schools have something in common. It is a result of both parents working and children left in the care of maids. With smaller families of
      221 words

  • Article, Illustration
    95 24 Some sat slum and stony-faced in their trishaws. Several were taking a nap. Others talked or played cards to pass the time. These trishaw riders at the trishaw pick-up area near the Albert Centre Market and Food Centre, off Rochor Road, have been hit hard by falling tourist
    LAD FOOK kONC  -  95 words
  • 461 24  -  Mainboard counters will be in 10 new categories in line with industrial classification standards 2 'L JEAN CHIA COMPANIES listed on Singapore’s mainboard are to be reclassified into 10 new sectors and 19 sub-sectors to improve benchmarking against the economic fields in which they operate. Sesdaq-listed companies
    461 words
  • 360 24  -  GRADES FOR CLEANLINESS IN MAY ill DOMINIC NATHAN LOOK FOR the A sign when visiting your favourite food stall next month, when a new scheme requiring them to display their hygiene grades comes into effect. All eating establishments will have to display badges
    360 words